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Concept information

Preferred term

currency zone  

Definition

  • A currency zone or optimum currency area is defined as a geographical region in which there is a single currency or several currencies that are pegged to each other so that the currencies can fluctuate only against the rest of the world. Currency zones eliminate exchange rate uncertainties and maximize economic stability within that area. [Source: Encyclopedia of Business in Today's World; Currency Zone]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-GKKB9K7K-P

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